…corporate initiatives in the world of business

AquaVenture Holdings “Quenching” Thirst and Traversing the Seven Seas

Based in Tampa, Florida, AquaVenture Holdings Limited is a leader in water purification solutions. The Company consists of two operating platforms – Quench and Seven Seas Water. By way of its subsidiaries, AquaVenture serves more than 40,000 customers. It delivers seven billion gallons of clean water annually.

The Company’s Quench (Quench USA, Inc.) is a United States-based provider of Point-of-Use (POU) filtered water systems and related services to institutional and commercial customers. Quench USA provides bottleless filtered water coolers and other products that utilize filtered water as an input. These include ice machines, sparkling water dispensers, and coffee brewers. Quench provides these to customers throughout the U.S.

In addition, AquaVenture’s Seven Seas Water is an international provider of desalination and wastewater treatment solutions. Seven Seas Water provides the above-mentioned 7 billion gallons of potable, high purity industrial grade and ultra-pure water annually to governmental, municipal, industrial, as well as hospitality customers.

Formed in the U.S. Virgin Islands in 1996, Seven Seas Water’s purpose is to provide water management services to clients in the water scarce region of the Caribbean. Today, Seven Seas Water is the foremost provider of water in the Caribbean.

Regarding Reverse Osmosis solutions, Seawater Reverse Osmosis and Brackish Water Reverse Osmosis are pressure-driven membrane methods. Seven Seas Water’s solutions include its Quick Deploy Seawater Reverse Osmosis. Mobile seawater desalination reverse osmosis units are completely self-contained systems. They provide a very flexible way of providing potable water from a local seawater source in stressed environments. The containers (or skidded systems) can undergo installation and be put into production in a very short time.

In essence, AquaVenture Holdings is a global provider of Water-as-a-Service™ (WAAS™) solutions. WAAS™ solutions provide customers a reliable and cost-effective source of clean drinking and process water mainly under long-term contracts. These long-term contracts minimize capital investment by the client.

At the end of October 2016, AquaVenture Holdings announced that the Company’s Seven Seas Water business completed the acquisition of all the outstanding shares of Aguas de Bayovar S.A.C. (ADB) and all the rights and obligations under a design and construction contract for a desalination plant and related infrastructure in Peru.

This is Seven Seas Water’s second desalination plant in South America. This acquisition expands its base of facilities that provide Water-as-a-Service™ (WAAS™) solutions to its clients.

ADB supplies seawater and desalinated process water to Compañía Minera Miski Mayo S.R.L. (CMMM). CMMM uses the water to operate its Bayovar phosphate mine, situated in North Western Peru roughly 600 miles north of Lima.

AquaVenture Holdings provides its solutions in North America, the Caribbean, Latin America and the Middle East. The Company owns and operates its water systems. AquaVenture takes advantage of its operating and engineering know-how to develop and deliver highly reliable WAAS™ solutions through applying diverse water purification technologies. These technologies include reverse osmosis, carbon filtration, deionization, membrane bioreactors and ultraviolet sanitization.